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Cost Model Sample Clauses

Cost Model. With the assistance of the PITS, the PMT will develop a detailed cost model based on the Target Cost breakdown and the profit of each Risk/Reward Team member. The cost model will track paid Chargeable Costs, incurred but unpaid Chargeable Costs, current estimate of future Chargeable Costs, the percentage of the Work completed, Value Added Incentive items, any ICL distributions, the predicted variance of each line item, and the projected variance from the Target Cost. The cost model will be updated by the General Contractor based on a schedule developed by the PMT and will be reviewed and approved by the PMT.
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Cost Model. The VE Cost Model is a study tool presenting both estimated and target construction costs distributed by subsystem or functional area. Target costs shall be determined during the VE workshop and shall represent the VE team’s estimate of the least cost to perform the function of each subsystem or functional area. Large differences between estimated costs and target costs shall be identified as areas with potential for cost savings or value improvement.
Cost Model. 9.1 Each nation is responsible for covering all costs associated with the Accreditation of organisations within their own nations, in relation to: 9.1.1 developing nation-specific guidance and support material including where appropriate translation into home nations’ languages 9.1.2 developing and maintaining nation-specific peer support networks and online forums 9.1.3 developing and delivering Accreditation training and CPD opportunities 9.1.4 managing the open application process 9.1.5 delivering desk assessments 9.1.6 conducting validation site visits 9.1.7 developing, training and supporting peer reviewers
Cost Model. The cost allocation is based on the level of usage of the ERP system. 1. The cost is distributed across all subscribers based on the count of commercial and payroll warrants issued during the fiscal year two years prior to the Term of the Agreement, allocating 25% of the cost to commercial warrants activity and 75% to payroll warrants activity as detailed in Appendix A - Cost allocation. 2. For subsequent Terms (assuming automatic renewal as set forth in Paragraph 1), the ICOE shall notify Subscriber in writing of its estimate of the next year's Total Cost no later than 120 days prior to the end of the current Term (which shall assume continued participation of the then current subscribers and will be subject to changes should the current subscribers non-renew or new subscribers enter the ERP system).
Cost Model. As outlined in Section 3.2.1 of the Agreement and Annex 4 to the Agreement, the Parties hereby agree to adjust the model cost assumptions to [*].
Cost Model. The Contractor shall provide the projects and support for a fee as set forth in Paragraph 3.B according to the following stipulations: 1. A $15 trip charge shall apply to each On-Site service call 2. Remote service calls shall have no minimum 3. Billable labor shall only include time spent on-task and/or on- site in 15 minute increments 4. Parts from Xxxxxxxxx Electric will be billed from Manufacturer’s Price List at a 0.37 multiplier 5. Standard Service Rate (8am-5pm M-F) = $85.00/hr
Cost ModelIn parallel with the development of the alternative concepts, the Consultant will prepare a project cost model to be used initially to provide rough- order-of magnitude (R.O.M.) cost estimates of the alternative concepts and to evolve into a detailed cost estimate through the subsequent phases of the project. The cost model will also be used to facilitate value-engineering activities in conjunction with the City.
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Cost Model. The monthly cost to ICOE to provide Technical Support Services to the Agency for one day per week of service for the Term of the Agreement is $1,909.51. These costs include: 1. Salary and benefits of the assigned technician. 2. Tools and equipment necessary to perform the activities of this Agreement. 3. Transportation and other support costs associated with the delivery of services.
Cost Model. At the conclusion of these sessions, in conjunction with the District, the Construction Manager shall request commitment from the Architect for design adjustments to the Contract Documents in an effort to maintain adherence to the Project budget. The Construction Manager will provide a fifty percent (50%) Construction Cost (as defined in Article 5, Section 5(A) below) estimate in "cost model" format at completion of fifty percent (50%) of the Contract Documents, and will arrange for a ninety percent (90%) Construction Cost estimate in "cost model" format at completion of ninety percent (90%) of the Contract Documents. Each such estimate will be accompanied by a written report to the District and Architect identifying variances with the Project budget.
Cost ModelThe parties agree that Product costs shall be [*** Redacted]. Exhibit J sets forth [*** Redacted].
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